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Search ResultsShowing 11 - 20 of 100+ results for "TPD"
Law firm slams insurer mental health policies
ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... financial technology Jane Hume said she supported reform on the handling of mental health claims. "Rather than having lump sum TPD claims, maybe there is a way life insurers could pay out for treatment rather than a lump sum? I have heard someone say ...
FSC reveals life insurance data
ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... accounting for 20%, whereas for women it's the third most common cause at 7% of female deaths. For total permanent disability (TPD) claims, mental health disorders top the list for both men and women at 24% and 27% respectively. Similarly, accidents ...
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... that COVID-19 was likely to have a serious mental health impact over the short and long term. "Rather than having lump sum TPD claims, maybe there is a way life insurers could pay out for treatment rather than a lump sum? I have heard someone say that ...
Research slams ADL definition
ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... superannuation advocacy arm of CHOICE, has highlighted how difficult it is for people to claim total and permanent disability (TPD) insurance under the activities of daily living (ADL) definition. The research found the use of ADL definitions has declined ...
Insurance premiums soar at Qantas Super
ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... double for some members. All insurance premiums are calculated per $1000 of cover. For those 30 years and younger, death and TPD will rise from $0.56 to $0.61 pa. For those aged 31-45 premiums will rise from $1.06 pa to $1.49 pa. In the 46-50 bracket ...
Industry fund ups insurance premiums
HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... Interests First laws. This has also impacted insurance costs." From August 1 the annual cost for one unit of combined death/TPD cover will be $75.09. For death only, members will pay $43.28 per unit each year. According to the fund's most current insurance ...
Public super fund rejigs offering
KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... least 12 continuous months. As a result, the fund has added default insurance cover for death and total permanent disability (TPD) cover for members who meet four conditions: discharged from service on or after July 6 (including 12 continuous months ...
TPB cracks down on 74 tax practitioners
ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... there will be serious sanctions for those found guilty of misconduct and for those who fail to respond to enquiries from the TPD about the SAN misuse. "Misconduct or failure to adequately respond to the TPB's inquiries is a breach of the Code of Professional ...
Super advocate takes FSC to task over TPD tests
HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if people lost their jobs or were stood down or working less hours as a result of COVID-19. ...
Industry fund swaps insurers
KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... Super has chosen OnePath after a rigorous tender process, the fund told members, while notifying them of changes to death and TPD cover. The change builds from September last year when Energy Super transitioned its income protection from MLC to OnePath. ...
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